Denmark
"Denmark has a mixed economy based on services and manufacturing. The Kingdom economy is primarily based on manufacturing, chemicals, construction, electricity, coal, gas, and oil. Denmark's main exports are: industrial production/manufactured goods (of which machinery and instruments and fuels, chemicals)

Descreptive Data

Unemployment, %5.8
Ages 15-24 Population Ratio, %56.648
Population Over 65, %22.4
Net Migration Rate75998
EIU Country Risk Score22
Fitch Sovereign RatingAAA
S&P Sovereign RatingAAA
Moody's Sovereign RatingAaa
Big Mac Index4.58

Economic Data

2017201820192020
Ability to Pay
Real GDP YOY%0.9%2.5%2.4%-3.7%
GDP Value (BLN USD)322357350345
GDP per Capita (USD)56631615235977058439
Currency Reserves ex Gold (BLN USD)726864
Reserves 1Y Chg (%)17%-5.9%-6.8%
Total External Debt (%GDP)36%
Total External Debt (BLN USD)117
Budget Surplus/def (%GDP)1.1%0.7%3.8%
Inflation (Risk)
CPI (yoy %)1.2%0.8%0.8%0.4%
Trade Balance
Current Account (% of GDP)8%7%7.8%
Exports (BLN USD)96107107
Imports (BLN USD)9310398
Unemployment Rate
Unemployment (%)5.3%5.1%5%5.8%

Financial Data

2017201820192020
Equity & Banking Sector (Risk)
1Y Price Change (%) (KFX Index)16%-13%27%29%
EIU Banking Risk28
Credit Market (Risk)
10Y Bond Spread (10Y UST)0.50.2-0.2-0.5
5Y CDS
Foreign Exchange (Risk)
3 Month Deposit (%)-0.5%-0.5%-0.7%-0.5%
FX Vol - 3M Implied Vol77.45.46.6
Historical 3M Volatility5.974.46.4
Real Effective Exchange Rate102102102105
Real Rates (%)-1.7%-1.3%-1.5%-0.9%

Political Risk

2017201820192020
Political Risk Exposure
EIU Political Risk4
Risk From Doing Business
Ease of Doing Business Rank3334
Starting a Business Rank24344245
Risk From Government
WGI Control Of Corruption2.22.22.1
WGI Govt Effectiveness1.81.91.9
WGI Regulatory Quality1.61.61.6
WGI Rule Of Law1.91.81.9
Deviation of Denmark's risk relative to Geo Peers
-100 = min risk100 = max risk,
Less RiskPeer AverageMore Risk